Nov, 10, 2017
By Lawrence G. McMillanA few of our subscribers have been rather nervous about the fact that the mBB sell signal has not produced immediate results. The sell signal occurred on October 25th,...
Nov, 10, 2017
By Lawrence G. McMillanYesterday's action was the first time in quite a while that the market has reacted to negative news. An overbought $SPX sold off nearly 30 points on news that the Senate is...
Nov, 03, 2017
By Lawrence G. McMillanStock prices continue to rise, in general. There does seem to be a slowing of the upward momentum, but considering how overbought the market had gotten, much more was expected...
Oct, 27, 2017
By Lawrence G. McMillanThe $SPX chart in Figure 1 is still a bullish chart. The moving averages are all trending higher. There is support at 2544 (this week's intraday reversal low), with more...
Oct, 20, 2017
By Lawrence G. McMillanThe S&P 500 Index ($SPX) has now made a new all-time closing or intraday high on 15 of the last 17 trading days. When the bears fail to capitalize on a selling opportunity...
Oct, 13, 2017
By Lawrence G. McMillanThe major indices pushed to new all-time highs again this week, although at a snail's pace. The $SPX chart is in a strong uptrend, and that is simply bullish. In...
Oct, 06, 2017
By Lawrence G. McMillanThe strength of the market was on full display this week. The indicators are still in bullish agreement with this move, but there are a couple of potential overbought sell...
Sep, 29, 2017
By Lawrence G. McMillanFinally, there has been some follow-through movement to the upside. $SPX has made new all-time closing and intraday highs on the last two days. This keeps the $SPX chart...
Sep, 25, 2017
By Lawrence G. McMillanIntercept Pharm (ICPT) was crushed on Thursday, falling 24 points after the FDA issued a warning on an ICPT liver drug. The stock had previously been in a negative technical...
Sep, 22, 2017
By Lawrence G. McMillan$SPX had made either new intraday all-time highs or closing all- time highs for eight consecutive trading days until yesterday, September 21st, when it did not. The chart...
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